Epstein Secrets

nd Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1993, PP- 459-485. 27 From Bruce Johnson, "Restricted Stock Discounts, 1991-95," Shannon Pratt's Business Valuation Update, March 1999, pp. 1.3. CONFIDENTIAL I WTAS LIC 95 EFTA00307490

”0. 106 »Mor »te 10.-4078 01.59. Virhnsm, 10.1n S.ImWO<a,1 Nmeloce. I ...n.‘1.,45 Sunt <00818/7 PArtyaR 086,60411.440. Måle En k Mora 0108888, Clumno 7.4.44.»74 k rara» %na». c C antunr. Men», olAubt Cominete. Marks 401.84780 emmer: ms MealtudCtrnatr0a Crummee (Yinl:.nuned0.a.lewrMlnJE.eavine Pr

nd Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1993, PP- 459-485. 27 From Bruce Johnson, "Restricted Stock Discounts, 1991-95," Shannon Pratt's Business Valuation Update, March 1999, pp. 1.3. CONFIDENTIAL I WTAS LIC 95 EFTA00307389

”0. 106 »Mor »te 10.-4078 01.59. Virhnsm, 10.1n S.ImWO<a,1 Nmeloce. I ...n.‘1.,45 Sunt <00818/7 PArtyaR 086,60411.440. Måle En k Mora 0108888, Clumno 7.4.44.»74 k rara» %na». c C antunr. Men», olAubt Cominete. Marks 401.84780 emmer: ms MealtudCtrnatr0a Crummee (Yinl:.nuned0.a.lewrMlnJE.eavine Pr

nd Richard L. Smith, "Market Discounts and Shareholder Gains for Placing Equity Privately," The Journal of Finance, June 1993, PP- 459-485. 27 From Bruce Johnson, "Restricted Stock Discounts, 1991-95," Shannon Pratt's Business Valuation Update, March 1999, pp. 1.3. CONFIDENTIAL I WTAS LIC 95 EFTA00307288

”0. 106 »Mor »te 10.-4078 01.59. Virhnsm, 10.1n S.ImWO<a,1 Nmeloce. I ...n.‘1.,45 Sunt <00818/7 PArtyaR 086,60411.440. Måle En k Mora 0108888, Clumno 7.4.44.»74 k rara» %na». c C antunr. Men», olAubt Cominete. Marks 401.84780 emmer: ms MealtudCtrnatr0a Crummee (Yinl:.nuned0.a.lewrMlnJE.eavine Pr